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MADE - ETF AI Analysis
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iShares U.S. Manufacturing ETF (MADE)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Amphenol and TE Connectivity, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Focus on Industrials
The ETF's heavy exposure to the industrials sector aligns with strong demand for manufacturing and infrastructure-related businesses.
Reasonable Expense Ratio
The ETF's expense ratio is relatively low, making it a cost-effective choice for investors seeking exposure to U.S. manufacturing.
Negative Factors
Over-Concentration in U.S. Market
With nearly 100% exposure to U.S. companies, the ETF lacks diversification across global markets, increasing vulnerability to domestic economic shifts.
Mixed Performance Among Holdings
Some top holdings, such as Honeywell and Paccar, have underperformed year-to-date, potentially dragging on the fund's overall growth.
High Sector Concentration
The ETF's portfolio is heavily concentrated in the industrials sector, which could amplify risks if this sector faces a downturn.
MADE vs. SPDR S&P 500 ETF (SPY)
AUM28.92M
RegionNorth America
Expense Ratio0.40%
Beta1.13
IssueriShares
Inception DateJul 18, 2024
Dividend Yield0.91%
Asset ClassEquity
Index TrackedS&P U.S. Manufacturing Select Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,444
30 Day Avg. Volume7,918
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
34.57Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering109
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MADE Summary
The iShares U.S. Manufacturing ETF (ticker: MADE) is an investment fund that focuses on the U.S. manufacturing sector, including companies involved in producing machinery, aerospace parts, and automotive components. It tracks the S&P U.S. Manufacturing Select Index and includes well-known companies like Deere and Honeywell International. This ETF could be appealing for investors looking to diversify their portfolio with exposure to industrial growth and innovation in the U.S. economy. However, new investors should be aware that its performance is closely tied to the manufacturing industry, which can be affected by economic cycles and global trade conditions.
How much will it cost me?The iShares U.S. Manufacturing ETF (MADE) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it is a sector-specific ETF, which often requires more active management compared to broad-market index funds. However, it offers targeted exposure to the U.S. manufacturing industry, making it a specialized investment option.
What would affect this ETF?The MADE ETF could benefit from increased investment in U.S. manufacturing due to technological advancements and government initiatives supporting domestic production. However, it may face challenges from rising interest rates, which can increase borrowing costs for companies, and global economic slowdowns that could reduce demand for manufactured goods. Its focus on industrials and exposure to companies like Deere and Honeywell make it sensitive to changes in economic conditions and sector-specific trends.
MADE Top 10 Holdings
The MADE ETF leans heavily into the U.S. manufacturing sector, with Industrials dominating its portfolio and Technology playing a supporting role. Cummins and Amphenol are rising stars, benefiting from strong cash flow and robust earnings, while TE Connectivity and Eaton are lagging, weighed down by bearish momentum and valuation concerns. Honeywell is struggling to find its footing, with mixed technical signals and declining performance. The fund’s focus on North American manufacturing provides a concentrated play on the backbone of the U.S. economy, though some holdings are dragging on its overall momentum.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| General Motors | 4.76% | $1.34M | $75.46B | 53.99% | 73 Outperform | |
| Cummins | 4.35% | $1.23M | $70.41B | 38.78% | 72 Outperform | |
| TE Connectivity | 4.00% | $1.13M | $67.71B | 53.35% | 80 Outperform | |
| Amphenol | 3.97% | $1.12M | $158.20B | 75.53% | 78 Outperform | |
| Deere | 3.76% | $1.06M | $131.06B | 10.07% | 66 Neutral | |
| Paccar | 3.62% | $1.02M | $58.59B | -1.28% | 74 Outperform | |
| Eaton | 3.35% | $944.15K | $128.94B | -6.75% | 75 Outperform | |
| Honeywell International | 3.34% | $942.54K | $122.95B | -14.92% | 77 Outperform | |
| Ford Motor | 3.33% | $937.18K | $54.83B | 32.44% | 74 Outperform | |
| RTX | 3.32% | $936.89K | $239.54B | 51.73% | 74 Outperform |
MADE Technical Analysis
Positive
―
Price Trends
30.26
Positive
29.34
Positive
26.96
Positive
Market Momentum
0.40
Negative
56.90
Neutral
79.76
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MADE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.56, equal to the 50-day MA of 30.26, and equal to the 200-day MA of 26.96, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 56.90 is Neutral, neither overbought nor oversold. The STOCH value of 79.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MADE.
MADE Peer Comparison
Comparison Results
Performance Comparison
MADE
iShares U.S. Manufacturing ETF
31.34
5.54
21.47%
PBJ
Invesco Dynamic Food & Beverage ETF
―
―
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FTXR
First Trust Nasdaq Transportation ETF
―
―
―
GCAD
Gabelli Commercial Aerospace & Defense ETF
―
―
―
HVAC
AdvisorShares HVAC and Industrials ETF
―
―
―
MAKX
ProShares S&P Kensho Smart Factories ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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